The medium to long-term UK bond yield has increased by at least 3 basis points.
At the end of the European market on Wednesday, the yield on the 10-year UK government bond rose by 2.9 basis points to 4.750%, remaining in an upward trend throughout the day and showing a W-shaped pattern overall. The yield on the 2-year UK bond rose by 2.2 basis points to 3.964%. The yield on the 30-year UK bond rose by 4.0 basis points, and the yield on the 50-year UK bond rose by 3.0 basis points. The yield spread between the 2-year and 10-year UK bonds increased by 0.802 basis points to +78.465 basis points.
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